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USDCAD trend reversal?

  • #361
  • May 30, 2007 11:22am May 30, 2007 11:22am
Quoting shadeslay
Looks like it could be coming back down now off the bounce of the weekly s1, 50ma (30min chart) and 50% fib retracement level.
Exactly what I tought!
  • #362
  • May 30, 2007 11:43am May 30, 2007 11:43am
Quoting pabloski
See?
i have seen the light professor pabloski.

my 0700 long got scooped up finally. just letting the pair do the rest.
BAM BAM BOOM! -bravado
  • #363
  • May 31, 2007 2:05am May 31, 2007 2:05am
What to do with CAD
  • #364
  • May 31, 2007 3:55am May 31, 2007 3:55am
my stoploss got triggered @ .0700.
currently holding no position on this pair.
BAM BAM BOOM! -bravado
  • #365
  • May 31, 2007 3:57am May 31, 2007 3:57am
Quoting Sidus
I re-enterd short after today's gains. If price is going up, I will add lots at the round numbers.

USD/CAD SHORT@ 1.0750

I only started with a small lotsize, because of the meeting minutes. If the news is bad for USD I'm safe. If not, I will average my position!

Out @ 1.070. Exactly 50 pips
  • #366
  • May 31, 2007 3:57am May 31, 2007 3:57am
try going short?

Quoting JoZo
What to do with CAD
TRADE FOR SWAP
  • #367
  • May 31, 2007 4:28am May 31, 2007 4:28am
Short 1.0753 , out 1.0730 @ 23 pip !
"Do Not Invest What You Cannot Afford To Lose !"
  • #368
  • May 31, 2007 4:36am May 31, 2007 4:36am
Quoting cgldsmth
try going short?
Can short 1.0710 ???
"Do Not Invest What You Cannot Afford To Lose !"
  • #369
  • May 31, 2007 4:42am May 31, 2007 4:42am
Pair first .07 bounce; second en route.
  • #370
  • May 31, 2007 4:42am May 31, 2007 4:42am
0700 buy got triggered again. truly annoying. somewhere around 0650 is good stoploss for me.
BAM BAM BOOM! -bravado
  • #371
  • May 31, 2007 4:44am May 31, 2007 4:44am
Quoting bravado
0700 buy got triggered again. truly annoying.
U mean short 0700 ?
"Do Not Invest What You Cannot Afford To Lose !"
  • #372
  • May 31, 2007 4:46am May 31, 2007 4:46am
Quoting surf4sports
U mean short 0700 ?
i went long.
BAM BAM BOOM! -bravado
  • #373
  • May 31, 2007 4:52am May 31, 2007 4:52am
Quoting bravado
i went long.
how much ur margin?
"Do Not Invest What You Cannot Afford To Lose !"
  • #374
  • May 31, 2007 4:55am May 31, 2007 4:55am
good luck, you're very brave with all the news coming out, not to mention the rapidly falling knife (more like a chainsaw)

Quoting bravado
i went long.
TRADE FOR SWAP
  • #375
  • May 31, 2007 5:08am May 31, 2007 5:08am
I love when banks pull their strings prior to announcements and produce spikes and bounces. They clean stoplosses and TPs very effectively
  • #376
  • May 31, 2007 5:23am May 31, 2007 5:23am
someone BLOCK this CAD , it met 1.0685 !!!

damnnnnnnnnnnnnnnnnnnnnn
  • #377
  • May 31, 2007 6:13am May 31, 2007 6:13am
and the news were a bit negative for CAD, but hey... who cares about some lousy news... down we go again.
Nihil Sine Deo.
  • #378
  • May 31, 2007 6:18am May 31, 2007 6:18am
Quoting cgldsmth
good luck, you're very brave with all the news coming out, not to mention the rapidly falling knife (more like a chainsaw)
-25 pips.

worthwhile attempt to me. next attempt long is way way below.
BAM BAM BOOM! -bravado
  • #379
  • May 31, 2007 7:15am May 31, 2007 7:15am
went long again @ 1.0695.

i am truly brave.
BAM BAM BOOM! -bravado
  • #380
  • May 31, 2007 7:40am May 31, 2007 7:40am
Quoting bravado
went long again @ 1.0695.

i am truly brave.
I too @ 1.0690

What is your TP?
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